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Nonprofiteer
← LAKE TOXAWAY CHARITIES

Form 990 for tax year 2025

Filed by LAKE TOXAWAY CHARITIES.

Totals

Total revenue
$2,201,633
Total expenses
$816,361
Contributions and grants received
$2,080,447
Grants paid
$769,750
Program service revenue
$0
Investment income
$190,383
Other revenue
-$69,197
Total assets, end of year
$7,817,951
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$7,817,951
Program services expenses (Part IX)
$773,671
Management and general expenses
$42,624
Fundraising expenses
$66
Program service expenses (Part III)
$773,671

Program services were 94.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1c · Fundraising events

    $1,087,184

  • 1f · All other contributions, gifts and grants

    $993,263

  • 3 · Investment income

    total $142,688 · excluded $142,688

  • 7a · Gross sales of assets other than inventory

    securities $2,445,145 · other assets $34,828

  • 7b · Less cost or other basis and sales expenses

    securities $2,432,278

  • 7c · Gain or loss

    securities $12,867 · other assets $34,828

  • 7d · Net gain or loss

    total $47,695 · related or exempt $12,867 · excluded $34,828

  • 8a · Fundraising events: gross income

    $49,500

  • 8a · Fundraising events: contributions included on line 1c

    $1,087,184

  • 8b · Fundraising events: direct expenses

    $118,697

  • 8c · Net income from fundraising events

    total -$69,197

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $769,750 · program services $769,750

  • 11c · Fees: accounting

    total $8,445 · management and general $8,445

  • 11f · Fees: investment management

    total $17,031 · management and general $17,031

  • 11g · Fees: other

    total $7,500 · management and general $7,500

  • 13 · Office expenses

    total $3,535 · program services $1,208 · management and general $2,261 · fundraising $66

  • 14 · Information technology

    total $5,426 · program services $2,713 · management and general $2,713

  • 23 · Insurance

    total $4,674 · management and general $4,674

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $83,449 · end of year $9,410

  • 2 · Savings and temporary cash investments

    beginning of year $110,534 · end of year $95,151

  • 3 · Pledges and grants receivable

    beginning of year $845,000 · end of year $1,204,850

  • 11 · Investments: publicly traded securities

    beginning of year $4,781,530 · end of year $6,368,755

  • 15 · Other assets

    beginning of year $129,840 · end of year $139,785

  • 27 · Net assets without donor restrictions

    beginning of year $5,820,513 · end of year $7,678,166

  • 28 · Net assets with donor restrictions

    beginning of year $129,840 · end of year $139,785

Mission and programs · 2025

Mission

TO SUPPORT THE CHARITIES, MEDICAL OUTREACH, AND EDUCATORS WHO WORK WITH AND MINISTER TO THE ABUSED, DISABLED, INDIGENT AND THOSE WITH SPECIAL NEEDS IN TRANSYLVANIA COUNTY, NORTH CAROLINA.

Activities or mission (Part I)

TO SUPPORT THE CHARITIES, MEDICAL OUTREACH, AND EDUCATORS WHO WORK WITH AND MINISTER TO THE ABUSED, DISABLED, INDIGENT AND THOSE WOTH SPECIAL NEEDS IN TRANSYLVANIA COUNTY, NORTH CAROLINA.

  • OUR ANNUAL GALA AND SPORTS DAY IS A THEMED FUND RAISER WHICH HOSTS OVER 300 DONORS PARTICIPATING IN SPORTING EVENTS AND AN EVENING DINNER DANCE. DONORS SUPPORT US AT MANY LEVELS; FROM THE PRICE OF THE TICKET, TO SPONSORSHIPS AS MUCH AS 100,000. THE LAST TWO YEARS HAVE RAISED APPROXIMATELY 1 MILLION IN REVENUE. THESE SIGNIFICANT CONTRIBUTIONS WILL HAVE A MEANINGFUL IMPACT ON THE LIVES OF OVER 12,251 LESS FORTUNATE RESIDENTS IN TRANSYLVANIA COUNTY, REPRESENTING AN ASTOUNDING 34% OF THE COUNTY'S POPULATION. THE CORE FOCUS OF LAKE TOXAWAY CHARITIES' SUPPORT LIES IN AIDING THE HOMELESS, HUNGRY, ABUSED WOMEN AND THEIR CHILDREN, AS WELL AS THE EDUCATIONALLY AND MEDICALLY DEPRIVED MEMBERS OF TRANSYLVANIA COUNTY.

    Expenses $773,671 · Grants $769,750

  • THE GENOROSITY DISPLAYED BY OUR COMMUNITY IS HUMBLING TO ALL INVOLVED. AS A TEAM RUN BY VOLUNTEERS, APPROXIMATELY 97% OF ALL DONATINS TO DATE WILL SUPPORT OUR TRANSYLVANIA COUNTY AGENCIES, BOTH NOW AND IN THE FUTURE.

  • 2025 SERVICE SUPPORT AND FUNDING: ABUSE SUPPORT 65,500 EDUCATION SUPPORT 293,000 HEALTHCARE SUPPORT 88,500 HOUSING SECURITY 64,000 FOOD SECURITY 149,000 EMERGENCY FUNDING 40,000 OTHER SUPPORT SERVICES 69,750

As filed on the 2025 return.

Listed in Part VII

  • Jesse Chip Brown

    CHAIR

    Total calculated
    $0
    Hours/week
    15
  • Jennifer Renfroe

    VICE-CHAIR

    Total calculated
    $0
    Hours/week
    15
  • Gary Sperduto

    CHAIR OF END

    Total calculated
    $0
    Hours/week
    10
  • Carroll Summerour

    CHAIR OF GRA

    Total calculated
    $0
    Hours/week
    10

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Provenance

Return type
form_990
Tax year
2025
Filed
8 April 2026
IRS schema version
2025v4.0
Source object
202641039349300224

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